CROWN CASTLE INC. — Director's Dealing 2019

Feb 21, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CROWN CASTLE INTERNATIONAL CORP (CCI)
CIK: 0001051470
Period of Report: 2018-12-12

Reporting Person: Collins Robert Sean (Vice President and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-12	Common Stock, $0.01 Par Value	M	1217	—	Acquired	2434	Direct
2018-12-12	Common Stock, $0.01 Par Value	F	347	$116.14	Disposed	2087	Direct
2019-02-19	Common Stock, $0.01 Par Value	M	580	—	Acquired	2667	Direct
2019-02-19	Common Stock, $0.01 Par Value	M	498	—	Acquired	3165	Direct
2019-02-19	Common Stock, $0.01 Par Value	F	349	$120.13	Disposed	2816	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-12	Time RSUs	$	M	1217	Disposed		Common Stock (1217.0)	Direct
2019-02-19	Time RSUs	$	M	580	Disposed		Common Stock (580.0)	Direct
2019-02-19	Time RSUs	$	M	498	Disposed		Common Stock (498.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 Par Value	90	Indirect

Footnotes

F1: Represents shares withheld by the issurer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person. Such withholding is exempt from Section 16(b) pursuant to Rule 16b-3(e).

F2: Represents shares previously acquired in transactions exempt under Rule 16b-3(c).

F3: Each RSU is issued pursuant to the Company's 2013 Long-Term Incentive Plan and represents a contingent right to receive one share of common stock, and vesting (i.e., forfeiture restriction termination) generally is subject to (i) the reporting person remaining an employee or director of the Company or its affiliates and (ii) the other criteria described in the footnotes below.

F4: These Time RSUs were previously granted on December 12, 2016. 33 1/3% of the original grant amount of these Time RSUs vests on December 12 of each of 2017, 2018 and 2019.

F5: These Time RSUs were previously granted on February 16, 2017. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2018, 2019 and 2020.

F6: These Time RSUs were previously granted on February 21, 2018. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2019, 2020 and 2021.